Single Tenant Net Lease Loan Programs:

Single Tenant Leased Loans

National Single Tenant Net Lease Loan Programs:

Program 1:

Interest Rates as of September 2019:

Lower of Loan/Purchase Price of LTV 5-Year Fixed Rate 7-year Fixed Rate 10-year Fixed Rate
59% or lower 3.74% 3.83% 3.88%
60%-75% 3.94% 3.98% 4.03%

7 Eleven (no gas)                                              Advance Auto Parts

AutoZone                                                            Bahama Breeze

Bank of America                                               Circle K (no gas)

Chase Cheddar’s                                               Scratch Kitchen

CVS                                                                      Darden Group Restaurants

Eddie V’s Prime Seafood                                 Fed Ex

Firestone                                                            Fresenius Medical

Long Horn Steakhouse                                   McDonald’s

PNC                                                                     O’Reilly Auto Parts

Olive Garden                                                      Seasons 52

Sherwin Williams                                              Starbucks

The Capital Grille                                              Tractor Supply Company

Verizon                                                                Walgreens

Whole Foods                                                      Yard House


Prefer minimum lease term of 7-years.  The above loan requires some form or personal recourse.  Call for details on recourse, amortization, timing and closing costs.  These are excellent options for the 1031 Exchange investor.

Program 2:

Loans from $750,000 to $10,000,000 and up.

Loan terms to 10-years fixed rates,

Amortization 25-years and up to 30-years on a case by case basis.

Typical personal recourse: 25%

Loans are assumable with ¼ fee paid to lender.

Expedited closing process available. 33 to 35-days.

Minimum lease term remaining: 7-years

Flexible prepayment penalties with additional annual principal reductions permitted without penalty.

Interest rates between: 190 and 200 basis points over the like term US Treasury.  For example as of this writing the 10-year US Treasury yield is 1.69%.  The interest rate would be 3.59% and 3.69% fixed.

For Specialty Drug Store and Kidney Dialysis Pools with a minimum lease term of 13-years pricing is even lower: 174 to 184 basis points over the like term US Treasury.

The targeted list of Tenants for this investor follows:

Advance Auto Parts                         AT&T

Auto Zone                                          CVS

DaVita Dialysis                                 Dollar Genera; Dollar Tree

FedEx                                                 Five Below

Fresenius Dialysis                            Kohl’s

McDonald’s                                       NAPA Auto Parts

O’Reilly Auto Parts                          Sherwin Williams

Starbucks                                          Tractor Supply

UPS                                                    Walgreens

Wal-Mart                                          Xfinity (Comcast)


Have a financially strong tenant, not listed above?  We can help by placing the loan with one of our insurance company lenders.  Send the following information for a fast response.

  • Exact Tenant name(s)
  • Exact Lease terms.
    1. Does the lease have any early termination provisions besides casualty loss and condemnation?
    2. Does the tenant have the option to substitute tenants and escape liability?
  • Address and photos if available. (Send the link to the realtors listing if applicable).
  • Anticipated purchase price and/or value if a refinance.
  • Your loan request, amount, term, amortization.
  • Is personal recourse an option?
  • Is this a 1031 exchange – if yes please provide the dates when the Exchange began or will begin.
  • Copy of the LOI or contract if that far. Please indicate if you are still analyzing the opportunity or if you are under contract to acquire.